QUESTION: Do you know if your answer (about offshore pension accounts) applies to a SEP-IRA as well? My plan was for my one person California corporation to...
551
Vernon K. Jacobs
vernjacobs
Feb 8, 2008 4:30 pm
QUESTION: I'm currently dealing with a U.S. resident who owns 100% of a passive income Canadian CFC. We have prepared the necessary Form 5471. However, the CFC...
552
Vernon K. Jacobs
vernjacobs
Feb 8, 2008 4:43 pm
QUESTION: What forms are required when setting up a foreign trust and which forms are needed after the trust is established? Also what forms are needed to set...
553
JacobsReport@yahoogro...
Feb 14, 2008 5:58 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Feb. 28th Due Date for Information Returns Thursday February 28, 2008 ...
554
Vernon K. Jacobs
vernjacobs
Feb 16, 2008 7:36 pm
QUESTION: Panama seems to be the hot topic these days. As a US person I have investigated 2 companies that offer forestry investments in Panama. These...
555
Vernon K. Jacobs
vernjacobs
Feb 18, 2008 4:11 pm
The following is a response to the previous Q&A on whether it's best to own an investment in Panama forestry directly in the namer of the ultimate owner or...
556
Vernon K. Jacobs
vernjacobs
Feb 18, 2008 5:27 pm
QUESTION: I have a Swiss Annuity. I paid my 1% tax on the Annuity on the 720 Form. Now I understand, even if the assets are not sold, I must pay tax each...
557
Vernon K. Jacobs
vernjacobs
Feb 19, 2008 3:33 pm
Here's another point of view regarding the issue of whether to own Panama real estate directly or through an entity like a corporation. (Vern) ... While Panama...
558
Vernon K. Jacobs
vernjacobs
Feb 19, 2008 3:44 pm
QUESTION: I am hoping you can point me in the right direction. I live in the US and belong to a couple of private investment clubs outside the US. I am trying...
559
Vernon K. Jacobs
vernjacobs
Feb 19, 2008 4:12 pm
QUESTION: Are there any offshore tax breaks for someone who is drawing Social Security and is still working? Because I'm working, 85% of my Social Security...
560
Vernon K. Jacobs
vernjacobs
Feb 20, 2008 3:34 pm
Here's another comment from a member of this group regarding the question of whether to hold Panama realty in the taxpayer's name or through an entity like a...
561
Vernon K. Jacobs
vernjacobs
Feb 21, 2008 4:30 pm
QUESTION: According to an earlier "Jacobs" post, foreign variable annuities are taxed as ordinary income, and can be classified as miscellaneous income on the...
562
JacobsReport@yahoogro...
Mar 1, 2008 4:58 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal March 15th Due Dates for Forms Saturday March 15, 2008 All Day (This...
563
Vernon K. Jacobs
vernjacobs
Mar 3, 2008 4:14 pm
Our automated calendar reminder of tax form due dates stated that a variety of forms were due on Marchj 15th, but neglected to point out that because the 15th...
564
Vernon K. Jacobs
vernjacobs
Mar 3, 2008 4:28 pm
QUESTION: I read your article "Second Home or Vacation Home Tax Benefits" with great interest. What I am curious about is if the upkeep expenses (maintenance,...
565
Vernon K. Jacobs
vernjacobs
Mar 3, 2008 10:02 pm
QUESTION: if an individual simply changes the title of his holdings from his personal name into a business entity, be it a corporation; trust, LLC, LP, etc. -...
566
Vernon K. Jacobs
vernjacobs
Mar 10, 2008 3:34 pm
QUESTION: You've pointed out there are a number of problems owning Panamian property either in one's own name or in a corporation. It seems the problem with...
567
Vernon K. Jacobs
vernjacobs
Mar 11, 2008 2:36 pm
QUESTION: I am a New Zealand and US citizen, and a scrupulous reporter to the taxing authorities of both countries. Aside from owning assets in my own name,...
568
Vernon K. Jacobs
vernjacobs
Mar 11, 2008 2:56 pm
I've had a few inquiries about whether I'm going to host another seminar this year on the taxation of controlled foreign corporations. But there has been a lot...
569
Vernon K. Jacobs
vernjacobs
Mar 12, 2008 2:37 pm
QUESTION: I am relatively new to International tax and I was on your site and ran into your book. I am trying to understand the CFC and I ran into some...
570
Vernon K. Jacobs
vernjacobs
Mar 17, 2008 3:40 pm
QUESTION: Your book refers to "expats" in the section on the foreign earnings exemption, but then you use the term "expatriate" when you talk about giving up...
571
Vernon K. Jacobs
vernjacobs
Mar 20, 2008 3:16 pm
COMMENT: (This is) about an old post (# 566) but I was looking up something similar. I understand that where the "lower case" foreign revocable living trust...
572
Vernon K. Jacobs
vernjacobs
Mar 24, 2008 9:34 pm
If you are involved in the offshore industry or are thinking about it, here is a three day conference that will expose you to many of the leaders in the...
573
Vernon K. Jacobs
vernjacobs
Mar 28, 2008 7:11 pm
As most of you probably know, the personal income tax form 1040 is due on April 15th, which is a Tuesday. And, you probably know that you can request an...
574
JacobsReport@yahoogro...
Apr 1, 2008 4:58 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal April 15th - 1st Estimated Tax Due Date Tuesday April 15, 2008 All Day ...
575
JacobsReport@yahoogro...
Apr 1, 2008 4:58 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal April 15th Tax Returns Tuesday April 15, 2008 All Day (This event...
576
Vernon K. Jacobs
vernjacobs
Apr 1, 2008 3:10 pm
QUESTION: if I purchase a Variable Whole Life Insurance Policy in a legitimate offshore insurance company, is that product fully tax deferred without any...
577
Vernon K. Jacobs
vernjacobs
Apr 2, 2008 2:59 pm
COMMENT: ou had mentioned (an opinion about whether a foreign life policy must be reported to the IRS). Is this available to view anywhere? My local tax...
578
Vernon K. Jacobs
vernjacobs
Apr 11, 2008 3:14 pm
QUESTION: Is it reasonable to conclude that no domestic business entity (e.g., LLC, C- Corporation, FLP, etc.) can truly offer asset protection? In other...
579
Vernon K. Jacobs
vernjacobs
Apr 14, 2008 4:17 pm
QUESTION: A Costa Rican corporation who has U.S. shareholders purchases a lot for development or to simply hold and resell for a profit. Can you explain how...
